Macy's Arbitrage: Can You Make Money By Buying And Selling Products From Macy's?
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Macy's arbitrage is essentially the process of buying products at the retailer's department stores or website, and then reselling those products at a higher price.
I have customers that shop at department stores and then sell at higher prices the products that they have bought at those department stores.
While this strategy is time consuming, and is more suitable for buying small quantities of products, it can still be an effective way to make money.
Macy's, as you might know, is one of the most prestigious department stores in the world.
Macy's carries brand name and private label clothing, jewelry, handbags, furniture, kitchen appliances, and many other products.
Among the brands that Macy's carries are, Polo Ralph Lauren, Michael Kors, Jessica Simpson, Club Room, Charter Club, Coach, Guess, and Tommy Hilfiger.
As you can imagine, the products that Macy's sells are in very high demand, both in the United States and overseas.
For the last few years, I have been buying pallets of overstock from the liquidation division of Macy's, and then reselling the contents of those pallets to retailers.
I have developed a customer base consisting of retailers in the United States, Botswana, Nigeria, Trinidad, Guyana, Israel, Dubai, as well as in many other countries.
If you are not ready, or able, to buy pallets, you can actually go directly to a Macy's store, or shop through through macys.com, and find some amazing deals.
While Macy's, through its stores and its website, sells at retail, there are times when the sales are so big that you will be able to buy merchandise at amazing prices that can present a resale opportunity.
You will have the opportunity to resell the merchandise that you buy, provided that you buy the merchandise at a low enough price.
There are five primary ways to buy merchandise at Macy's at super discounted prices.
1. Buy items from the clearance racks.
2. Shop at special events, focusing on items with the largest discounts.
3. Use coupons at sales events.
4. Buy clearance and closeout items online at macys.com
5. Buy at the Macy's Backstage outlets.
6. Buy from the Last Act racks.
Using the above tips, you should be able to find merchandise that is discounted for up to 85% below the original retail price.
You can then resell the items that you bought.
Below are some sales channels for reselling the products that you buy.
1. To friends and family.
2. On Ebay.
3. On Amazon.
4. Through Craigslist.
5. At flea markets and swap meets.
6. At garage sales.
7. Wholesaling to retailers.
I strongly recommend that before buying any items, you should have a well thought out plan for reselling the items.
Macy's carries brand name and private label clothing, jewelry, handbags, furniture, kitchen appliances, and many other products.
Among the brands that Macy's carries are, Polo Ralph Lauren, Michael Kors, Jessica Simpson, Club Room, Charter Club, Coach, Guess, and Tommy Hilfiger.
As you can imagine, the products that Macy's sells are in very high demand, both in the United States and overseas.
For the last few years, I have been buying pallets of overstock from the liquidation division of Macy's, and then reselling the contents of those pallets to retailers.
I have developed a customer base consisting of retailers in the United States, Botswana, Nigeria, Trinidad, Guyana, Israel, Dubai, as well as in many other countries.
If you are not ready, or able, to buy pallets, you can actually go directly to a Macy's store, or shop through through macys.com, and find some amazing deals.
While Macy's, through its stores and its website, sells at retail, there are times when the sales are so big that you will be able to buy merchandise at amazing prices that can present a resale opportunity.
You will have the opportunity to resell the merchandise that you buy, provided that you buy the merchandise at a low enough price.
There are five primary ways to buy merchandise at Macy's at super discounted prices.
1. Buy items from the clearance racks.
2. Shop at special events, focusing on items with the largest discounts.
3. Use coupons at sales events.
4. Buy clearance and closeout items online at macys.com
5. Buy at the Macy's Backstage outlets.
6. Buy from the Last Act racks.
Using the above tips, you should be able to find merchandise that is discounted for up to 85% below the original retail price.
You can then resell the items that you bought.
Below are some sales channels for reselling the products that you buy.
1. To friends and family.
2. On Ebay.
3. On Amazon.
4. Through Craigslist.
5. At flea markets and swap meets.
6. At garage sales.
7. Wholesaling to retailers.
I strongly recommend that before buying any items, you should have a well thought out plan for reselling the items.